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Wednesday, November 27, 2024

Morton Grove home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Morton Grove fell by $3,000 while total sales decreased by 7.1%, according to BlockShopper.com.

In June 2019, there were 39 homes sold, with a median sale price of $301,000 - a 1% decrease over the $304,000 median sale price for the same period of the previous year. There were 42 homes sold in Morton Grove in June 2018.

The median sales tax in Morton Grove for the most recent year with available data, 2018, was $6,368, approximately 2.1% of the median home sale price for June 2019.

The following table compares Morton Grove to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Deercrest Estates440%$332,500$389,000-14.5%
Broadview1012-16.7%$322,500$180,50078.7%
Arlington Heights141161-12.4%$315,000$321,000-1.9%
Palos Park2125-16%$310,000$292,5006%
Skokie8899-11.1%$307,500$321,000-4.2%
Morton Grove3942-7.1%$301,000$304,000-1%
Mount Prospect98971%$300,000$315,000-4.8%
Harwood Heights819-57.9%$288,500$262,00010.1%
Brookfield3641-12.2%$276,000$237,50016.2%
Palatine134229-41.5%$271,250$288,000-5.8%
Flossmoor1927-29.6%$270,000$204,50032%

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